#CryptoSecurity

In the hastily expanding global of decentralized finance (DeFi), decentralization is foundational. Decentralized wallets allow customers to interact with blockchain networks independently, unlike centralized wallets controlled through 1/3-birthday celebration custodians. They offer direct possession, privacy, protection, and manipulate. This article explores why decentralized wallets have become the best place to store your crypto and examines…

ZachXBT has uncovered that the recent $305 million hack of DMM Bitcoin, a Japanese cryptocurrency exchange, might be the work of the Lazarus Group, known for its North Korean ties. ZachXBT observed that the way the stolen funds were being laundered closely resembled the methods typically employed by Lazarus. In a detailed analysis shared on…

Whether you’re a novice or an experienced investor, keeping your cryptocurrency in a decentralized wallet is crucial. You retain full control of the wallet, meaning third-party trust or authorization isn’t required. In other words, you become your own banker, the only person with access to the wallet’s private keys. But which decentralized crypto wallets are…

In the digital finance realm, the early months of 2024 have brought a notable 23% reduction in financial damages from cyber-attacks and deceptive schemes compared to the previous year, reveals a detailed analysis by Immunefi, a leader in blockchain safeguarding, dated March 28. The comprehensive study outlines that the industry faced a downturn in monetary…